Punjab National Bank (PNB) has released its December quarter (Q3) results, in which the bank's profit has more than doubled year-on-year (YoY) to ₹4,508 crores. It was ₹2,223 crores in the same quarter last year.

PNB Q3 highlights
 

• Net Interest Income (NII) increased from ₹1,030 crore to ₹1,103 crore (YoY)
• Gross NPA declined from 4.48% to 4.09% (QoQ)
• Net NPA declined from 0.46% to 0.41% (QoQ)

The bank has shown improvement in asset quality as both gross and net NPAs have declined. A strong increase in profit may lead to a positive trend among investors. Gross NPA as a percentage of gross advances (gross NPA ratio) also declined to 4.09 per cent from 4.48 per cent quarter-on-quarter and 6.24 per cent year-on-year. Net NPA declined to Rs 4437.43 crore quarter-on-quarter from Rs 4674.24 crore in the third quarter of FY 2025, while the net NPA ratio also declined to 0.66 per cent quarter-on-quarter and 0.96 per cent year-on-year from 0.41 per cent. A look at other details Provision write-back of Rs 285 crore in the quarter compared to a provision of Rs 288 crore in the September quarter. Provision against NPA increased to Rs 317 crore from Rs 199 crore in the previous quarter. Rise in Stock After the good results, the stock of the bank is witnessing a rise. At 1:37 pm, the stock of the company is trading at Rs 101.79 with a rise of 5.40 percent. The bank has registered a rise of more than Rs 5.18 so far. The stock of the company has given a return of 3.84 percent in 1 week, 3.62 percent in 3 months and 145 percent in 3 years.